corporate management

The article describes the features of the corporate management mod‑ el in Russia, which is appropriate for the contemporary situation. The author gives the corporate management characteristics according to the following aspects: key participants, structure of share holding, mechanism of interaction between key participants, the board of directors, legitimate frameworks, requirements of the data disclosure for corporations. The author makes a conclusion about a formal construction of the corporate management in the majority of the companies.

Introduction. In modern conditions the increase in the number of domestic companies, introducing elements of corporate governance in practice its activities, aims consideration of the mechanism of its formation and development. Theoretical analysis. The article presents a detailed characterization of the mechanism of development and implementation of corporate governance in the socio economic system of industrial organization.

The paper is about problems and essential characteristics of the board of directors in Russian corporations. The author offers directions of improvement of the board of directors activity according strategy and control functions; advise to improve professional and personal qualities of directors, change an order of the work, and to improve the control and recompense system of the directors.